Decentraland (MANA)

MARKET CAP

24H VOLUME

SUPPLY

24H LOW/HIGH

$0.04808048 - $0.05106039

฿0.00001207 - ฿0.00001257

ALL TIME HIGH

$252,609
-100%

฿0.76103164
-100%

1-Year ROI

-48%Mar 21, 2018

Buyers 33%

across 22 markets

67% Sellers

MANA=

What is Decentraland?

The Decentraland project wants to create a fully immersive, publicly-owned virtual digital world powered by the Ethereum blockchain. The platform users would be able to own a piece of digital land and create on it whatever they wish, a static 3d scene or interactive content such as games. The parcels of digital land are acquired by spending (burning) the native MANA token, after which the user gains ownership specified by certain X, Y coordinates. The MANA token could also be used to pay for digital goods and services provided on the network. The Decentraland network has a three-layer design: Consensus layer (recording LAND ownership and its content), Content distribution layer (decentralized storage of downloadable network assets needed to render the surroundings and its functionality) and a Real-time layer (providing the p2p connections between the network users).